Belgium’s consumer confidence went up to -6 in July of 2019 from -7 in the previous month. Expectations improved regarding the country’s economic situation (-15 from -16 in June) and savings (-1 from -2). Meantime, prospects were unchanged for household’s financial situation (at -1) and unemployment (at 8). Consumer Confidence in Belgium averaged -7.13 Percentage Points from 1985 until 2019, reaching an all time high of 16 Percentage Points in August of 2000 and a record low of -28 Percentage Points in January of 1985.
Consumer Confidence in Belgium is expected to be -5.00 Percentage Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Belgium to stand at -7.00 in 12 months time. In the long-term, the Belgium Consumer Confidence is projected to trend around -5.00 Percentage Points in 2020, according to our econometric models.